Yahoo Finance Does Dexus’s (ASX:DXS) CEO Pay Compare Well With Peers?
Darren Steinberg became the CEO of Dexus (ASX:DXS) in 2012. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. Next, we’ll consider growth that the business demonstrates. Third, we’ll reflect on the total return to shareholders over three years, as a second measure of business performance. This method should give us information to assess how appropriately the company pays the CEO.
Check out our latest analysis for Dexus
How Does Darren Steinberg’s Compensation Compare With Similar Sized Companies?
At the time of writing our data says that Dexus has a market cap of AU$10.3b, and is paying total annual CEO compensation of AU$5m. That’s a fairly small increase of 6.6% on year before. We looked at a group of companies with market capitalizations from AU$5.7b to AU$17.0b, and the median CEO compensation was AU$4m.
So Darren Steinberg is paid around the average of the companies we looked at. Although this fact alone doesn’t tell us a great deal, it becomes more relevant when considered against the business performance.
You can see, below, how CEO compensation at Dexus has changed over time.
Is Dexus Growing?
On average over the last three years, Dexus has grown earnings per share (EPS) by 19% each year. Revenue was pretty flat on last year.
This demonstrates that the company has been improving recently. A good result. It’s also good to see modest revenue growth, suggesting the underlying business is healthy.
Shareholders might be interested in this free visualization of analyst forecasts. .
Has Dexus Been A Good Investment?
Boasting a total shareholder return of 53% over three years, Dexus has done well by shareholders. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.
In Summary…
Remuneration for Darren Steinberg is close enough to the median pay for a CEO of a similar sized company .
Shareholders would surely be happy to see that shareholder returns have been great, and the earnings per share are up. Although the pay is a normal amount, some shareholders probably consider it fair or modest, given the good performance of the stock. CEO compensation is one thing, but it is also interesting to check if the CEO is buying or selling Dexus (free visualization of insider trades).
Or you might prefer this data-rich interactive visualization of historic revenue and earnings.
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.
